Posted by **Joshua** on Saturday, December 3, 2011 at 11:19am.

Jim Gray invested $8,500 four times a year in an annuity due at All-Star Investments for a period of 3 years at an interest rate of 12% compounded quarterly.

Using the ordinary annuity table , calculate the total value of the annuity due at the end of the 3-year period.

The Chart States For A Period of 3 Years at 12% Interest it would be 3.3744

## Answer this Question

## Related Questions

- Math - Amy Powell invested $8500 twice a year in an ordinary annuity at New York...
- Math - At the beginning of each period for 9 years, Scott Sullivan invested $...
- math,help - what formula do i use for the following problem: which of the ...
- math - Suppose payments were made at the end of each quarter into an ordinary ...
- Math - A person wants to establish an annuity for retirement purposes. He wants ...
- math - find the present value of ordinary annuity payments of 890 each year for ...
- math - James has set up an ordinary annuity to save for his retirement in 18 ...
- finite math - Find the amount of an ordinary annuity for 5 years of quarterly ...
- finite math - A $1.2 million state lottery pays $5,000 at the beginning of each ...
- algebra - Suppose a retiree wants to buy an ordinary annuity that pays her $2,...

More Related Questions